New Delhi, Dec 7 : The Supreme Court Friday dismissed a PIL raising allegations against Finance Minister Arun Jaitley relating to capital reserve of the Reserve Bank of India.

The apex court also imposes a cost of Rs 50,000 on advocate M L Sharma, who had filed the public interest litigation (PIL). "We find no reason whatsoever to entertain this PIL," a bench comprising Chief Justice Ranjan Gogoi and Justice S K Kaul said.

Sharma had accused the Finance Minister of "plundering" the capital reserve of the RBI. The bench also directed the apex court registry not to allow Sharma to file any PIL till he deposits Rs 50,000.

The top court imposed the cost as the advocate continued with the argument after dismissal of the PIL. The Chief Justice warned him not to continue with the submissions, saying cost will be imposed if he was unable to satisfy the court.

The apex court expressed displeasure that the advocate made the finance minister as the main party in the PIL.

The bench said, "What is this PIL? You cannot go on with such misadventure. What exactly is this? You are saying the finance minister is plundering the capital reserve of the RBI. You are not bringing honour to this institution. Why do we permit you to go ahead with this PIL."

 

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New Delhi (PTI): CPI(M) General Secretary M A Baby on Thursday asserted that the Left movement would remain relevant despite not being in power in any state, saying the ideology would continue to endure as long as social and economic inequalities persist.

Hitting back at BJP leader Rajeev Chandrasekhar over his reported remarks that Marxism had become irrelevant, Baby, in an interview with PTI Videos, said, "So long as there is division in society, so long as there is exploitation of the majority of workers, peasants and ordinary masses by a handful of billionaires, Marxism will remain relevant."

"That perhaps Mr Rajeev Chandrasekhar may not be able to understand, but this is the fact of the matter," he said.

Baby acknowledged that the CPI(M)-led Left was currently without an elected government in any state, but maintained that electoral setbacks would not diminish the movement's role.

"We may not have an elected government in any state. There were occasions when we didn't have a government. But the red flag and the commitment to organise and struggle for the rights of the dispossessed, marginalised and exploited will always be upheld by CPI(M) and the Left movement," he said.

He said the Left continued to enjoy support among workers, peasants, agricultural labourers, youth, students and women, and argued that the movement remained necessary because "oppression and assault" continued in society.

"So long as such problems exist in society, the red flag and the working class movement will continue to work among the masses," the Left leader said.

Exuding confidence on the Left's revival, Baby said the party would reflect on the reasons behind its electoral loss.

"We may be rejected in one election, but we will stage our comeback by understanding what went wrong with us," he said, adding, "We will listen to people and we will come back with higher strength."

Baby also criticised the Congress over reported factional tensions in Kerala after the Congress-led United Democratic Front's victory in the state.

"The way they are behaving is being watched by the people of Kerala," he said, referring to infighting within the Congress.

"Those who have given a massive majority to Congress and UDF would be watching all this," he added, while urging party leaders to "settle the problem in an amicable, democratic manner".

Referring to West Bengal, Baby alleged that violence had escalated following the BJP's victory in the state assembly polls.

"It is quite unfortunate that the moment BJP snatched a massive victory in West Bengal, violence has also started on a big scale," he said.

He also accused the Trinamool Congress of being "notorious for violent activities" and alleged that the "RSS-controlled BJP" had "unleashed violence in many places" after the election results.

"This is not good for Bengal, not good for the country. We wish and hope that normalcy would be restored as soon as possible," he said.

Baby said the CPI(M) and the Left in West Bengal would continue efforts to "pacify people" and avoid violence and confrontation.

Asked about former Kerala chief minister Pinarayi Vijayan not reacting publicly to the election results, Baby said Vijayan would respond "at an appropriate time".